cashRewards Secured Credit Card
For Navy Federal members building or rebuilding credit. You deposit $200 to $5,000 into your membership savings account and that amount becomes your spending limit. Every purchase earns 1% cash back, with no annual fee and no foreign transaction fee. After 6 months Navy Federal reviews the account monthly for an upgrade to an unsecured cashRewards card. The caveat: you need Navy Federal membership, and your deposit stays on hold until the account is upgraded.
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- Earns cash back while you build credit
- Path to an unsecured cashRewards card
- No foreign transaction fees
- Deposit hold removed within 3 to 5 business days after an upgrade
- Late payment fee up to $20.00
- Annual fee: $0
- Regular purchase APR: 18.00% Variable
- Cash advance APR: 18.00%
- Penalty APR: 18.00%
- Late payment fee: Up to $20.00
- Foreign transaction fee: None
- Rates and offers verified on the issuer's website on September 30, 2026 and may change.
- You are a Navy Federal member with little or damaged credit.
- You want a secured card that still earns 1% cash back.
- You want a clear path to an unsecured card after 6 months.
- You should skip it if you cannot set aside at least $200 or are not eligible for Navy Federal membership.
Score guess
Guess your credit score
Drag the dial to your best guess. Then see which cards people around that score got approved for.
A guess, not a credit check: nothing here touches your credit. Score ranges from FICO.
Your guess: 700
Approved at 670 to 739
Approval results for this card
94 results: 90 approved, 4 denied. Approval rate 96% of decided applications.
| Result | Score | Bureau | Income | State | Applied |
|---|---|---|---|---|---|
| Approved | 580 to 669 | TransUnion | - | MI | Aug 2016 |
| Approved | 580 to 669 | Equifax | - | CO | Apr 2015 |
| Approved | 580 to 669 | Equifax | - | GA | Mar 2015 |
See all 94 results · Add your result
Reported by Banrox readers or cited from public data points, never issuer data. Not a prediction of your result. Ranges only.
